
Los Angeles, California 90004
This Newly Built Single-Family Residence is a Strong Value Opportunity, listed at $1,395,000—positioned well below the $1,394,731 Fair Market Value (effectively at market stability). Featuring a 2025 Mint Condition Rating, this home offers a modern chef’s kitchen, five bedrooms, and a private rooftop garden with panoramic city views. While the lot size is compact, the high-end finishes and central location near Larchmont Village provide a premium urban lifestyle. This is an ideal acquisition for Owner-Occupants seeking a turnkey property or sophisticated urban professionals.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 542 N Serrano Avenue Subject | $1,395,000* List Price | 5 | 4 | 2,388 | $584 | - |
A 540 1/2 N Serrano Sold | $1,338,000 | 5 | 4 | 2,381 | $562 | 0.0 mi |
B 495 N St Andrews Place Sold | $1,130,000 | 3 | 4 | 1,955 | $578 | 0.3 mi |
C 5014 Rosewood Avenue 1/2 Sold | $1,279,000 | 3 | 3 | 1,895 | $675 | 0.5 mi |
D 497 N St Andrews Place Active | $1,250,000 List Price | 3 | 4 | 1,977 | $632 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Brand new 2025 construction in mint condition. Features a modern chef's kitchen, spa-styled bathrooms with contemporary finishes, and brand-new systems (HVAC/Electric) requiring no maintenance.
Built in 2025, this residence features a contemporary open-concept design, a chef’s kitchen with premium finishes, and a versatile five-bedroom layout including a convenient first-floor suite.
The property boasts a private rooftop garden offering iconic panoramic vistas of the Hollywood Sign, Griffith Observatory, and the Downtown Los Angeles skyline, ideal for entertaining.
A $25,000 seller credit provides buyers with substantial financial flexibility to lower interest rates, reduce closing costs, or ease loan qualification requirements.
The property has a small lot size, more than 70 percent of which is taken by its living area. lot size in square feet = 1500, living area = 2388.
With a lot size of only 1,500 square feet, the property lacks a traditional backyard or significant outdoor ground space, which may limit buyers seeking private garden areas.
Situated in a central, high-traffic area near Koreatown and Hollywood, the property may be subject to typical urban noise and lacks the seclusion of a quiet residential neighborhood.
$25,000 SELLER INCENTIVE: (1) USE IT TO LOWER YOUR INTEREST RATE (2) REDUCE YOUR CLOSING COSTS OR (3) MAKE QUALIFYING EASIER!!! Welcome to this spectacular newly built single-family residence, designed for modern city living. Highlighted with its open-concept living space, loads of natural light, a sleek chef’s kitchen with center island, custom cabinetry, refined finishes, and stainless-steel appliances. The thoughtful floor plan includes a first-floor bedroom and four additional well-proportioned bedrooms, one of which is a spacious primary suite with spa styled bath and spectacular views of the Hollywood Hills. This elegant residence offers generous spaces ideal for entertaining and everyday living and is crowned by a private “party-worthy” rooftop garden, delivering panoramic city views, iconic sightlines of the downtown skyline, Hollywood Sign, Griffith Observatory, and unforgettable sunset vistas stretching toward Century City. A gated driveway leads you to a private two-car garage. Perfectly positioned in a central, connected location near Larchmont Village, Hollywood, Koreatown, and Downtown Los Angeles, The Heights at Serrano places the best of LA right at your doorstep. This is a rare opportunity to elevate your lifestyle-where design, views, and location converge.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 5.0 | 3.0 |
| Baths | 4.0 | 2.0 |
| Square foot | 2,388 | 1,664.159 |
| Lot Size | 1,500 | 6,066.556 |
| Price | $1.40M | $1.35M |
| Price per sq ft | $584 | $806 |
| Built year | 2025 | 1939 |
| HOA | $0 | $278 |
| Days on market | 21 | 55 |
Aug 19, 2026
$1,395,000
Initial Listing